Jack Ma says he can’t create 1 million jobs after all

2018-09-20 17:16

Alibaba co-founder Jack Ma says his promise to create 1 million jobs in the US is impossible to fulfill because of the US-China trade war.

MTN surges as Nigeria softens tone on $8.1bn claim

2018-09-20 10:49

MTN shares rose the most in more than six months after the Nigerian central bank softened its stance over claims that Africa’s biggest wireless carrier illegally transferred $8.1bn out of the country.

Mokonyane hits out at SABC board over job losses

2018-09-17 17:07

Communications Minister Nomvula Mokonyane is strongly opposed to possible retrenchments at the public broadcaster.

Zim's Econet said to be in talks about restructuring

2018-09-17 11:24

Econet Wireless Zimbabwe, which has a market value of $3.1bn, has announced it’s in talks that may affect its share price, urging stockholder caution when trading its securities.

Trillion-dollar investors don't mind billion-dollar CEO awards

2018-09-11 14:49

Some of the world’s biggest money managers have backed two unprecedented executive awards this year, emboldening other corporate boards to make colossal bets on their CEOs.

Tencent and Alibaba bring their battle for supremacy to coffee

2018-09-07 13:15

Chinese internet giant Tencent has upped the ante on rival Alibaba in their race to corner the market for the country’s coffee drinkers.

Uber teams up with Japan taxi firm in bid to crack tough market

2018-09-06 13:01

Uber says it has teamed up with a local taxi firm in Japan, as the ride-hailing service attempts to muscle its way into Asia's second economy.

Tencent dip buyers question elusive rally after another drop

2018-08-31 20:55

Tencent’s equity bulls keep facing so many setbacks these days that you wonder when its loyal shareholders will cave.

Musk's rants rekindle concern about CEO's troublesome tweeting

2018-08-30 20:58

Just days after abandoning a short-lived exploration of taking Tesla private, Elon Musk returned to Twitter to showcase the impulsiveness that’s raised the eyebrows of investors and regulators alike.

Apple to embrace iPhone X design with new colours, bigger screens

2018-08-28 06:45

Apple is not only doubling down on the iPhone X, it’s tripling down.


EU tells Facebook 'patience at limit' on consumer rules

2018-09-20 17:15

The EU has warned Facebook to bring its consumer terms in line with the bloc's rules by the end of the year or risk financial penalties.

Meet the billionaire dreamer taking Musk's rocket to the moon

2018-09-18 14:11

In a country known for conformity, Yusaku Maezawa has always sought to stand out.

Naspers announces MultiChoice unbundling

2018-09-17 16:13

Naspers intends to list its Video Entertainment business separately on the JSE and to simultaneously unbundle these shares to its shareholders.

MTN says Nigeria attorney general overreached in R30bn back tax case

2018-09-12 08:43

The Nigerian Attorney General’s office exceeded its powers when it demanded the MTN Group pay about $2bn (about R30.2bn) in back taxes, Africa’s largest wireless operator said.

Musk scores a much-needed win with successful SpaceX launch

2018-09-10 23:18

Space Exploration Technologies has launched a commercial satellite for Telesat from Florida, marking the rocket company’s 16th mission of 2018.

Bitcoin falls off a cliff again as cryptocurrency slump deepens

2018-09-06 16:54

Cryptocurrencies have dropped sharply for the second time in less than 24 hours, sinking toward a nine-month low.

MTN says Nigeria is seeking to recover $2bn in back taxes

2018-09-04 14:26

MTN says Nigeria is seeking about $2bn in back taxes from the embattled wireless carrier after refusing to accept the results of a self-assessment by the company.

Google and Mastercard cut a secret ad deal to track retail sales

2018-08-31 14:12

For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the US.

Trump brings limited firepower to fight over Google news

2018-08-30 10:26

President Donald Trump’s call for action against Google and other internet companies over the way they display news is likely to run up against a hard fact.

How Elon Musk became the enemy of his own brazen ploy

2018-08-27 11:16

Elon Musk’s stunning tweet that he wanted to take Tesla private and had funding secured has been a classic Musk moonshot.

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